India vehicle sales drop 14% in February | Automotive Industry News

New vehicle sales in India fell by close to 14% to 310,186 units in February 2020 from already weak sales of 359,679 units in the same period of last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM).

The vehicle market had already weakened significantly over the last year as economic growth in the country slowed to 5.2% in 2019 from 6.6% in 2018.

Overall vehicle sales, including imports, are estimated to have declined by almost 11% to 3.87m units last year from 4.34m units in 2018.

The SIAM data, covering mainly domestic producers, shows sales

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